MEFA's U.Plan
Prepaid Tuition Program helps you stay ahead of rising college costs by
letting you “prepay” tuition and fees at 80 participating Massachusetts
colleges and universities. You can prepay up to 100% of a child’s future
college tuition at today’s rates, even though that child may not attend
college for another 18 years.

The U.Plan Recharged3 Easy Steps to
Powering Up Your College Savings View video

How the U.Plan Prepaid Tuition
Program Works

When you contribute money
to the U.Plan during the annual enrollment period, you purchase Tuition
Certificates, which represent a certain amount of today’s tuition at each of
the participating colleges and universities.

This chart shows how much a
$1,000 U.Plan Tuition Certificate would be worth at three different types
of colleges:

Suppose that
your child decides to attend a public college, and by that time, tuition and
fees have gone up to $15,000 per year. Your U.Plan Tuition Certificate will
still be worth 10% of tuition and fees: 10% of $15,000 is $1,500.

When it’s time to use your U.Plan college savings, just
let us know which of the participating colleges and universities your child
plans to attend, and we’ll send your U.Plan proceeds directly to the school. If
your child doesn’t go to one of the participating colleges or universities,
you’ll receive your initial investment plus interest.

Why is the U.Plan Prepaid College Tuition Program a
Smart Choice?

No volatility.U.Plan
Tuition Certificates are backed by bonds, issued by the Commonwealth of
Massachusetts. Unlike stock or mutal fund investments, you know what the
Tuition Certificate will be worth at maturity.

No
obligation.You don’t have to choose a
college ahead of time, and if you don’t use your Tuition Certificates at a
participating Massachusetts college or university, your initial investment
will be returned to you at maturity with interest compounded annually at the
Consumer Price Index (CPI).